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Mittal Sections

Full company profile

uuid003u4xi

Namestring
Mittal Sections
Legal namestring
Mittal Sections Limited
Company typeenum
Public
Founded yearint
2009
Descriptiontext

Mittal Sections Limited (MSL) is an Indian mild steel long products manufacturer headquartered in Ahmedabad, Gujarat, producing MS Flats, MS Round Bars, MS Channels, and MS Angles in compliance with IS 2062 Grade A/B standards. The company operates two fully equipped, semi-automated re-rolling mills in Changodar Industrial Estate, with a combined annual production capacity of 30,000-36,000 metric tonnes, utilizing coal-fueled reheating furnaces, coal gas recuperators for heat recovery, 5S manufacturing methodology, and an in-house testing laboratory for tensile, impact, and chemical composition analysis.

The business is structurally a B2B commodity steel re-roller, selling directly to enterprise customers in construction, automotive and machinery manufacturing, power transmission, offshore engineering, and general fabrication. Named customers include Adani Green Energy, Adani Ports, L&T, Welspun, GETCO, MGVCL, UGVCL, Harsha Engineers, AIA Engineering, and others. Pricing is quote-based with no public disclosure, and the company's marketing is limited to its corporate website and direct sales engagement.

Mittal Sections is ISO 9001:2015 certified, BIS compliant, and holds Gujarat Pollution Control Board (GPCB) environmental approval for both units. The company was founded in 2009 by Ajay Mittal and Atul Mittal and listed on BSE (BOM:544575) via an IPO launched in October 2025, which experienced muted subscription and lower grey market premium, indicating cautious investor reception to the public-market debut.

Short descriptiontext

Mittal Sections Limited is an Indian mild steel long products manufacturer (flat bars, round bars, channels, angles) operating two semi-automated re-rolling mills in Ahmedabad with 30,000-36,000 MT annual capacity, serving enterprise customers in construction, automotive, power transmission, and engineering.

Operating statusenum
Ipo
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersAhmedabad, India
HQ citystring
Ahmedabad
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
mild steel manufacturing, structural steel products, steel flat bars, steel round bars, steel channels angles
Industry2 codes
1Long Products Manufacturing (Rebar, Wire Rod, Merchant Bar, Sections/Beams)
CodeIMAKABAHPrimaryYes
2Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling)
CodeIMAKABALPrimaryNo
NAICS code1 code
  • Rolling and Drawing of Purchased Steel33122
SIC code1 code
  • Steel Works, Blast Furnaces & Rolling & Finishing Mills3310
Product category
Structural Steel Products
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Steel Products Sales
TypeHardware Sales
Description

Manufacture and direct sale of mild steel products including flat bars, round bars, channels, and angles to industrial customers in construction, automotive, power transmission, and manufacturing sectors. Revenue is generated through product sales with potential for recurring orders from established B2B customers.

mittalsectionslimited.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Mittal Sections manufactures mild steel structural products including flat bars, round bars, channels, and angles at two semi-automated re-rolling mills in Changodar, Ahmedabad, with a combined annual production capacity of 30,000 to 36,000 metric tonnes. The products are manufactured in strict compliance with IS 2062 Grade A/B standards and serve construction, automotive, power transmission, and general engineering customers. The company sells directly to industrial and infrastructure customers through B2B quote-based transactions.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Annual production capacity of 30,000-36,000 metric tonnes across two manufacturing units
+1 more record
Product overview1 text field

Mittal Sections Limited (MSL) is a steel manufacturing company offering a portfolio of four core mild steel products: Flat Bars (MS Flats), Round Bars, Channels, and Angles. All products are manufactured in strict compliance with IS 2062 standards at their two semi-automated re-rolling mills in Changodar, Ahmedabad, with an annual production capacity of 30,000 to 36,000 MT. The products serve key industries including construction, automotive, power transmission, and general engineering.

Product and service4 records
1MS Flats (Flat Bars)
2MS Round Bars
3MS Channels
4MS Angles
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Listed Indian manufacturer of structural steel products including TMT bars, angles, and channels for construction. Closely comparable in product portfolio (mild steel structural sections), end markets, and small-mid cap listed status on Indian exchanges.

TypeBroad incumbent
Description

Major Indian integrated steel producer with significant long products capacity serving structural and construction markets. Competes with Mittal for similar end customers but at far greater scale and product breadth.

TypeBroad incumbent
Description

India's largest public-sector steelmaker producing a comprehensive range of long products including structurals. Overlaps with Mittal in construction and infrastructure-grade steel categories from integrated mills.

TypeBroad incumbent
Description

India's largest private-sector steel manufacturer offering an extensive range of long and flat products. Overlaps with Mittal in structural and construction steel categories but at vastly larger scale and broader portfolio.

TypeDirect peer
Description

Indian manufacturer of long steel products (angles, channels, beams) for construction. Directly comparable in product mix (mild steel long/structural products) and customer base in Indian infrastructure and construction.

TypeEmerging player
Description

Small Indian manufacturer of long steel products (TMT bars, structurals) for local and regional markets. Comparable as a small-cap focused structural steel player, though smaller and less diversified than Mittal Sections.

TypeDirect peer
Description

Indian listed manufacturer of steel tubes and structural products serving construction and infrastructure. Comparable as a domestic structural steel producer competing for similar enterprise customers in the Indian market.

TypeDirect peer
Description

Mid-sized Indian manufacturer of long steel products (TMT bars, structurals, angles, channels). Highly comparable as a regional/small-cap structural steel producer serving similar construction and infrastructure customers in India.

TypeBroad incumbent
Description

One of India's largest steel producers with extensive long products capacity. Competes with Mittal in some structural steel categories but operates at vastly larger scale across integrated flat and long steel.

TypeDirect peer
Description

Listed Indian structural steel products maker specializing in tubes, pipes, and structural sections used in construction and infrastructure. Comparable product mix and target customer base among B2B structural-steel buyers across India.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers19 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Mittal Sections

Structural Steel Productsmittalsectionslimited.com

Mittal Sections Limited is an Indian mild steel long products manufacturer (flat bars, round bars, channels, angles) operating two semi-automated re-rolling mills in Ahmedabad with 30,000-36,000 MT annual capacity, serving enterprise customers in construction, automotive, power transmission, and engineering.

What Mittal Sections does

Mittal Sections Limited (MSL) is an Indian mild steel long products manufacturer headquartered in Ahmedabad, Gujarat, producing MS Flats, MS Round Bars, MS Channels, and MS Angles in compliance with IS 2062 Grade A/B standards. The company operates two fully equipped, semi-automated re-rolling mills in Changodar Industrial Estate, with a combined annual production capacity of 30,000-36,000 metric tonnes, utilizing coal-fueled reheating furnaces, coal gas recuperators for heat recovery, 5S manufacturing methodology, and an in-house testing laboratory for tensile, impact, and chemical composition analysis.

The business is structurally a B2B commodity steel re-roller, selling directly to enterprise customers in construction, automotive and machinery manufacturing, power transmission, offshore engineering, and general fabrication. Named customers include Adani Green Energy, Adani Ports, L&T, Welspun, GETCO, MGVCL, UGVCL, Harsha Engineers, AIA Engineering, and others. Pricing is quote-based with no public disclosure, and the company's marketing is limited to its corporate website and direct sales engagement.

Mittal Sections is ISO 9001:2015 certified, BIS compliant, and holds Gujarat Pollution Control Board (GPCB) environmental approval for both units. The company was founded in 2009 by Ajay Mittal and Atul Mittal and listed on BSE (BOM:544575) via an IPO launched in October 2025, which experienced muted subscription and lower grey market premium, indicating cautious investor reception to the public-market debut.

Mittal Sections firmographics

Firmographics
Name
Mittal Sections
Legal name
Mittal Sections Limited
Website
https://mittalsectionslimited.com
Company type
Public
Founded year
2009
Operating status
Ipo
Headcount range
51–100 employees
Short description
Mittal Sections Limited is an Indian mild steel long products manufacturer (flat bars, round bars, channels, angles) operating two semi-automated re-rolling mills in Ahmedabad with 30,000-36,000 MT annual capacity, serving enterprise customers in construction, automotive, power transmission, and engineering.
Ownership category
akta.pro rank

Mittal Sections industry classification

Industry
Product category
Structural Steel Products
NAICS
Rolling and Drawing of Purchased Steel (33122)
SIC
Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)
akta.pro primary industry
Long Products Manufacturing (Rebar, Wire Rod, Merchant Bar, Sections/Beams) (IMAKABAH)
akta.pro secondary industry
Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling) (IMAKABAL)

Keywords

  • Mild steel manufacturing
  • Structural steel products
  • Steel flat bars
  • Steel round bars
  • Steel channels angles

Where Mittal Sections is headquartered

Location

Headquarters

HQ city
Ahmedabad
HQ country
India
HQ region
Asia

Offices3 records

Markets served

Mittal Sections business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Steel Products Sales: Manufacture and direct sale of mild steel products including flat bars, round bars, channels, and angles to industrial customers in construction, automotive, power transmission, and manufacturing sectors. Revenue is generated through product sales with potential for recurring orders from established B2B customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Mittal Sections product offering

Product offering

Core offering

Mittal Sections manufactures mild steel structural products including flat bars, round bars, channels, and angles at two semi-automated re-rolling mills in Changodar, Ahmedabad, with a combined annual production capacity of 30,000 to 36,000 metric tonnes. The products are manufactured in strict compliance with IS 2062 Grade A/B standards and serve construction, automotive, power transmission, and general engineering customers. The company sells directly to industrial and infrastructure customers through B2B quote-based transactions.

Product overview

Mittal Sections Limited (MSL) is a steel manufacturing company offering a portfolio of four core mild steel products: Flat Bars (MS Flats), Round Bars, Channels, and Angles. All products are manufactured in strict compliance with IS 2062 standards at their two semi-automated re-rolling mills in Changodar, Ahmedabad, with an annual production capacity of 30,000 to 36,000 MT. The products serve key industries including construction, automotive, power transmission, and general engineering.

Differentiator

Problem solved

Functional benefit

Products and services

  • MS Flats (Flat Bars)
  • MS Round Bars
  • MS Channels
  • MS Angles

Quantifiable outcome

  • Annual production capacity of 30,000-36,000 metric tonnes across two manufacturing units
  • +1 more outcomes

Companies that use Mittal Sections

Customer profile

Named customers19 records

Segments4 records

Ideal customer profiles3 records

Mittal Sections technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Mittal Sections partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Mittal Sections competitors and assessment

Company assessment

Direct peers

  • Kamdhenu Limited: Listed Indian manufacturer of structural steel products including TMT bars, angles, and channels for construction. Closely comparable in product portfolio (mild steel structural sections), end markets, and small-mid cap listed status on Indian exchanges.
  • Captain Steel India Limited: Indian manufacturer of long steel products (angles, channels, beams) for construction. Directly comparable in product mix (mild steel long/structural products) and customer base in Indian infrastructure and construction.
  • Surya Roshni Limited: Indian listed manufacturer of steel tubes and structural products serving construction and infrastructure. Comparable as a domestic structural steel producer competing for similar enterprise customers in the Indian market.
  • Shyam Steel: Mid-sized Indian manufacturer of long steel products (TMT bars, structurals, angles, channels). Highly comparable as a regional/small-cap structural steel producer serving similar construction and infrastructure customers in India.
  • APL Apollo Tubes: Listed Indian structural steel products maker specializing in tubes, pipes, and structural sections used in construction and infrastructure. Comparable product mix and target customer base among B2B structural-steel buyers across India.

Broad incumbents

  • Jindal Steel & Power Limited (JSPL): Major Indian integrated steel producer with significant long products capacity serving structural and construction markets. Competes with Mittal for similar end customers but at far greater scale and product breadth.
  • Steel Authority of India Limited (SAIL): India's largest public-sector steelmaker producing a comprehensive range of long products including structurals. Overlaps with Mittal in construction and infrastructure-grade steel categories from integrated mills.
  • Tata Steel Limited: India's largest private-sector steel manufacturer offering an extensive range of long and flat products. Overlaps with Mittal in structural and construction steel categories but at vastly larger scale and broader portfolio.
  • JSW Steel Limited: One of India's largest steel producers with extensive long products capacity. Competes with Mittal in some structural steel categories but operates at vastly larger scale across integrated flat and long steel.

Emerging players

  • Bansal Steel & Power: Small Indian manufacturer of long steel products (TMT bars, structurals) for local and regional markets. Comparable as a small-cap focused structural steel player, though smaller and less diversified than Mittal Sections.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Mittal Sections compliance and trust

Trust signal

Compliance3 records

Mittal Sections financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Mittal Sections leadership team

Management profile

Number of profiles

Profiles2 records

Mittal Sections subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Mittal Sections funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Mittal Sections M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mittal Sections

What does Mittal Sections do?

Mittal Sections manufactures mild steel structural products including flat bars, round bars, channels, and angles at two semi-automated re-rolling mills in Changodar, Ahmedabad, with a combined annual production capacity of 30,000 to 36,000 metric tonnes. The products are manufactured in strict compliance with IS 2062 Grade A/B standards and serve construction, automotive, power transmission, and general engineering customers. The company sells directly to industrial and infrastructure customers through B2B quote-based transactions.

Is Mittal Sections a public or private company?

Mittal Sections is a public company. It is classified as public and is currently ipo.

When was Mittal Sections founded?

Mittal Sections was founded in 2009. It employs 51 to 100 people.

Where is Mittal Sections based?

Mittal Sections is headquartered in Ahmedabad, India, in the Asia region.

How does Mittal Sections make money?

One revenue line is on record: steel Products Sales.

Who are Mittal Sections's main competitors?

Direct peers on record are Kamdhenu Limited, Captain Steel India Limited, Surya Roshni Limited, Shyam Steel and APL Apollo Tubes. Broad incumbents are Jindal Steel & Power Limited (JSPL), Steel Authority of India Limited (SAIL), Tata Steel Limited and JSW Steel Limited. Bansal Steel & Power is listed as an emerging player.

Does Mittal Sections have an API?

No public API is recorded for Mittal Sections.

What industry is Mittal Sections in?

Mittal Sections's product category is Structural Steel Products. Its primary akta.pro industry code is IMAKABAH, Long Products Manufacturing (Rebar, Wire Rod, Merchant Bar, Sections/Beams), with a secondary code of IMAKABAL, Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling). Its NAICS code is 33122 and its SIC code is 3310.

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Live signals
ScanXMittal Sections AGM on Sep 18: FY26 profit up, director pay hikesMittal Sections has scheduled its 17th AGM for September 18, 2026, to approve FY26 results and revised managerial remuneration. Net profit rose marginally to ₹345.50 lakh from ₹343.78 lakh, while revenue grew 8.6% to ₹14,858.04 lakh, offset by higher finance and employee benefit costs. Director pay caps proposed at ₹1.44 crore and ₹90 lakh annually.Business StandardMittal Sections Ltd Share Price Today, 31.90, Mittal Sections Ltd Stock Price 31.90 on 17th Mar 2026, Mittal Sections Ltd Stock Price Live NSE/BSEThe article provides stock price and performance data for Mittal Sections Ltd as of March 17, 2026, including recent price movements, historical high and low, market cap, and shareholder changes. It highlights a 2.94% recent increase in share price and a notable reduction in promoter holding.The Times of IndiaMittal Sections IPO: Muted subscription and GMP suggest listing premium may be subdued - The Economic TimesMittal Sections' Rs 52.9 crore SME IPO has closed with moderate investor participation, with retail investors bidding 4.08 times their quota while qualified institutional buyers and non-institutional investors showed weak interest at 1.13x and 0.55x respectively. The company is scheduled to list on the BSE SME platform on October 14, 2025, with grey market signals indicating a muted debut as the GMP stands at 0%. Proceeds from the issue will fund capacity expansion at the company's Gujarat facilities and working capital needs, while supporting partial debt repayment.Chittorgarh.comMittal Sections IPO Date, Price, GMP, Review, DetailsMittal Sections Ltd., engaged in manufacturing basic iron and steel products, announced an IPO intending to raise funds for capacity expansion, working capital, debt repayment, and general corporate purposes. The company is expanding its production from 36,000 MTPA to 96,000 MTPA and has strategic plans to increase capacity and enhance output. Market analysts have expressed caution, citing high valuation and recent profit fluctuations in a high-risk, high-reward context.The Times of IndiaMittal Sections IPO: GMP, price band among key details to know before subscription - The Economic TimesAhmedabad-based steel manufacturer Mittal Sections launched a Rs 53 crore IPO on October 7, 2025, with proceeds designated for capacity expansion, working capital, and partial debt repayment. The IPO has a price band of Rs 136-143 per share, closes on October 9, and is tentatively scheduled to list on the BSE SME platform on October 14. The company aims to scale its annual manufacturing capacity from 36,000 to 96,000 metric tonnes to serve growing demand in India's construction and infrastructure sectors.InstagramInstagramA new Initial Public Offering (IPO) named Mittal Section IPO will take place from October 7 to October 9, 2025, with shares priced between ₹136 and ₹143 each. The IPO aims to raise ₹52.91 crore in fresh capital and will be listed on the BSE SME. This offering is positioned as a significant opportunity within India’s growing infrastructure and manufacturing sectors.